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Contract
Phoenix1451
Posts: 21 Forumite
Just over a week ago my solicitor sent me something to check that bad come up on the searches and she put on the email, before I send out the contact for you to sign please consider the points mentioned.
I did and as I say it's been over a week since that email. My question is though, will the contract include a completion date does anyone know?
I did and as I say it's been over a week since that email. My question is though, will the contract include a completion date does anyone know?
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Comments
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It will unless you are buying a new build with completion on notice.0
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Sorry not a new build. That's great thank you 😁 I seem to have been waiting forever for a dateanselld said:It will unless you are buying a new build with completion on notice.
Can't wait to receive it now and hopefully start planning to pack0 -
No it won't.anselld said:It will unless you are buying a new build with completion on notice.
The exchange and completion date sections on the contract are specifically left blank and most Solicitors will tell (even if the dates are agreed) the client NOT to fill in those sections because things change.
Even though signing the contract doesn't bind you to purchase the property, ask your Solicitor if any dates have been agreed or suggested. You're just going to end up disappointed if you think you're near completing when in reality the Solicitor is just getting you signed up in advance.
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No, there is usually a space for the date which is left blank until the moment of exchange. You'd just be pre-signing the contract in preparation for that.Phoenix1451 said:Just over a week ago my solicitor sent me something to check that bad come up on the searches and she put on the email, before I send out the contact for you to sign please consider the points mentioned.
I did and as I say it's been over a week since that email. My question is though, will the contract include a completion date does anyone know?0 -
Just want to agree with TBG01, in case OP is now confused.
Contracts are signed in advance during the course of the transaction. A completion date will not be entered into the contract until exchange takes place. Until then the undated contract will sit on the file.
The important point here is that your solicitor has asked you to consider the information revealed in the searches and make a decision about whether to continue to purchase this property or find something else.
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We signed our contract 3 months ago and still not exchanged or completed…0
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When the contract actually becomes a contract, ie at exchange of contracts, it will have a date. Before then it is a draft contract.
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